Los Angeles daily herald., 1887-06-18
r.v,nw Crsp neperss snd stock
uaspatches.

u.RImK crop 1CRVAs.
Dispatched
~. animal season Of lying about the
49, Sit,on a the crops growing in this
ss..,.s,v and abroad, has set in . little
~s~issr snd with much greater virulence
sher r.nel From this time on, until
sSe erops are finally gathered, stored,
"a msde ready for market, will this
se~~.-, II fnlsehood continue to How.
:rhs ss.son will not end before next
December, and then the lying current
vim only be transferred INTO sne
ohannol Of breadstuffs on nand,
ma probable requirements, 81
hcns and abroad. The tremendous
conts.t being carried on In wheat, OF
,crr~e' make the temptation to falsify,
ssrc-csr chan usual this year; but what
! ccnmentery ON speculative despera-
49, .rd madpess IL furnished by the
ssct thst. 70 accomplish personal ends,
.xsxv. reckless gamblers will not hesitate
20 poiaon the very sources and fountains
81 public information and knowieage.
He who puts poison into wen y, Is
justly execrated as q villain anu
: criminal of the deepest
dve. but the black. hearted, rascaiiy
s5scu,ators are allowed to send out
ssIss reports and misleading dispatches
an over the country for the purpose OF
.xssl;rg the money of their victims
vifhout single word OF rebuke. Gan
thsrs he NO laws to punish such
sooupdrels a. they deserve! or must TINS
business 90 on until halt the country Is
financially ruined by 1t!
Every we'll posted man knows tnas no
depnndence whatever can be placed on
snv d;spatches or reports sent out oy
,rscuiators regarding railway stocks or
orsin. The majority of them are In
serded TO mislead and deceive. and II,
hv chance. the real truth is told occas-
ioplv. II is only for tho sake OF variation
= coioripq. or because the gamblers can
..,>L. The truth more servicehble to them
for the time being than ale. fhousanas' u
NOT millions, of dollars have been los.
an wheat alone in the Chicago market
durinc the past few years, by believing
liss concerping the condition OF crops IN
this country and in Europe. II would
seem that the spectators must have q
rsonlarlv organized Bureau in New
verL and other cities, with RANT
ficstions far aud wide, whose
business It is to get up reports
about the stock market and ABOUT
Grain. and then scatter them broadcast
throurh the land. More than this, Ger
tain vell. known statisticians and agri-
cultural writers in Europe are deliber'
stelv hired it is believed on this side
the water, to fslsify or misrepresent the
real foreign situation regarding crops,
stocks Of breadsnuffs on hand, probable
reouirements, etc. We warn our readers
10 take ali such documents, issued
for speculative purposes, WIN
GOOD big dose OF salt,,can'
,.aone oramo sails. About the emily re-
port Of this kind to be at all relied upon,
4 that furnished by the Agricultural
Department ct Washington about the
lOth day of each month. SO tar as
known, speculators have not yet sue,
oeeded in corrupting that source and
fountain Of information, although they
have repeatedly tried hard to do So. Al
The present rate Of progress, how long
Vim iit be before we become a nation o.
Gambler and liars, in regard to stocks
and grain II Bankers Monthly